BKR H code removal? These are your options

Are you wondering if BKR H code removal is an option for you? In this article, we discuss what is involved in such a removal and how we helped others like you.

Because often more is possible than you may think. At Dynamite Netherlands, we have been making the case for removing BKR H codes that hold people back for years.

Our goal is that no one should have to suffer unnecessarily from a BKR H coding anymore. Removal is often the key to this.

In this article:

• What is a BKR H coding?
• This is how registration with the BKR works
• Why H coding removal takes unnecessary time without active intervention
• BKR H code removal: Dynamite Netherlands makes it possible
• Cost
• No cure no pay?
• Checking your BKR status

How does removing a BKR code work?

What is a BKR H coding?

A BKR H code is also called a Recovery Notice. It is a code added to a credit or loan in your name on which you have fallen behind on payments in the past. The H coding shows that these arrears have been cleared.

To understand why removing a BKR H code can be interesting, it is good to first understand how the BKR works.

This is how registration with the BKR works

The BKR - Bureau Krediet Registratie - registers credits and loans issued to you of €250 or more. In other words, if you take out a credit or loan above this amount, this will result in a BKR registration.

Those registrations give other mortgage, loan, or lenders an idea of how creditworthy you are. In other words, how responsible it is for them to grant you a new loan or not.

As long as you always pay repayments neatly on time, this is a so-called positive BKR registration. Such a registration affects how much mortgage you can get, for example, because it indicates a monthly payment obligation that leaves you with less available each month for mortgage repayments.

Has the loan or credit been repaid? Then the BKR registration is deregistered. It does remain visible; up to five years after repayment of the credit to be exact.

In principle, with a positive BKR registration, this need not be a problem. But it is precisely the reason that removing a BKR code by active intervention can sometimes be necessary.

Why H coding removal takes unnecessary time without active intervention

As mentioned, a BKR H coding is a Recovery Notice of a previously accumulated payment default.

When a payment delay occurs, an A coding (Arrears Notification) is first added to the registered credit. When the arrears are cleared, this is changed to an H, signaling that the arrears have been cleared.

The problem is, that also this H coding remains visible for years. Namely, again up to five years after the credit in question has been taken out.

This means that new lenders can see for years to come that you have fallen behind on payments in the past. Even if those arrears have long since been caught up and even the entire loan has already been repaid.

For many lenders, this may be a reason to be reluctant to grant a new loan, or the amount of mortgage you can get.

Therefore, when you have to wait for a BKR H coding to be removed by the BKR itself, it can keep you from getting a mortgage or other type of loan for years to come. Fortunately, much can often be done with active intervention.

How does removing a BKR H code work?

Removing a BKR H code always begins with our free, no-obligation intake interview. There, one of our specialists will discuss the situation with you.

We map out your options and opportunities for BKR H code removal.

Here, how that BKR H coding gets in the way of you living your life also plays an important role. Especially if such a code places a disproportionate burden on your life - for example, interferes with your ability to obtain a mortgage - a request for removal of a BKR H code certainly has a chance of success.